Y Combinator alum launched a new $34M fund dedicated to YC startups, backed by Garry Tan

image via TechCrunch

July 3, 2025, 5:00 PM

• •Kulveer Taggar, a Y Combinator (YC) alum, founded Phosphor Capital to invest solely in YC companies.
• •Phosphor has raised $34 million across two funds and has already backed over 200 YC companies.
• •Taggar's deep connection to YC and his experience as a founder are key factors in his firm's success.

Kulveer Taggar, a Y Combinator (YC) alum, launched Phosphor Capital, a venture firm dedicated to investing in YC startups. Taggar's firm has raised $34 million and has already invested in over 200 YC companies. His deep connection to YC and his experience as a founder have helped in raising capital and connecting with other investors. Taggar's experience and understanding of the challenges faced by founders, also makes him a valuable resource.

Read original article